JaceFX

AUDUSD contracting triangle

FX:AUDUSD   Australiensisk dollar/USA-dollar
AUDUSD price break lower on 9th June and we able to spot bearish trade set ups and profiting around 200pips.

Price is now under contracting triangle

Currently, this pair didn't provide us any quality trade set up.

We can only wait for price to break either side of the contracting triangle and look for trade set ups.

Patience is the key to success in Trading.

Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
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